October 30, 2024

Third quarter U.S. real GDP was 2.8%, slightly less than Dow Jones economists expected

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Oct. 30 (UPI) — U.S. third quarter real Gross Domestic Product grew at an annual rate of 2.8%, according to a Wednesday advance estimate from the Bureau of Economic Analysis.

The third quarter GDP growth “primarily reflected increases in consumer spending, exports, and federal government spending,” according to the BEA.

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